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Eastern Conference

Cleveland, OH (SportsNetwork.com) - The Cleveland Cavaliers extended qualifying offers to guard Matthew Dellavedova, guard Iman Shumpert and forward/center Tristan Thompson on Tuesday. By extending qualifying offers, the Cavaliers will have a right of first refusal for these players should...

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Cleveland, OH (SportsNetwork.com) - Cleveland Cavaliers guard/forward Mike Miller has exercised his player option for the 2015-16 season, the team announced Tuesday. This past season, Miller appeared in 52 games (15 starts) for the Cavaliers and averaged 2.1 points and 1.8 rebounds in 13.5...

Oklahoma City, OK (SportsNetwork.com) - Luke Ridnour is on the move again. The Oklahoma City Thunder have acquired a trade exception and the rights to forward Tomislav Zubcic from the Toronto Raptors in exchange for Ridnour and cash considerations. The Thunder will have one year to...

Orlando, FL (SportsNetwork.com) - Mario Hezonja has reached an agreement with his Spanish League team to release him from his contract, paving the way for the 2015 lottery pick to play for the Orlando Magic next season. The Magic selected Hezonja, considered one of the top shooters in this...

Atlanta, GA (SportsNetwork.com) - Atlanta Hawks guard Kyle Korver is set to undergo surgery for the second time in five weeks. The Hawks said Monday that Korver will have surgery in New York on Tuesday to remove loose bodies from his right elbow. The sharpshooter is still recovering...

(SportsNetwork.com) - Dwyane Wade declined the $16.1 million player option he has with the Miami Heat next season and will become a free agent, according to a report by ESPN on Monday. Wade, 33, will be able to negotiate with any team when free agency begins Wednesday. The perennial All...

Chicago, IL (SportsNetwork.com) - Chicago Bulls guard Kirk Hinrich has exercised his player option for the 2015-16 season, the team announced Monday. Hinrich will earn $2.85 million in the final season of a two-year, $5.6 million deal the veteran signed with the Bulls last summer. The...

Miami, FL (SportsNetwork.com) - While the Miami Heat wait on a decision from Dwyane Wade, the team will have Luol Deng back in uniform for the upcoming season. The Heat announced Monday that Deng has elected to pick up the option for the remaining year of his contract. Miami signed Deng...

Orlando, FL (SportsNetwork.com) - The Orlando Magic waived guard Ben Gordon on Monday. Gordon played in 56 games last season with Orlando, averaging 6.2 points and 1.1 rebounds. He shot 36.1 percent from three-point range and 83.6 percent from the free-throw line. Selected by Chicago in...

(SportsNetwork.com) - LeBron James has opted out of his contract with the Cleveland Cavaliers and will become a free agent on July 1, according to an ESPN report. After his first season back in Cleveland, James is declining the $21.6 million player option for next season on his deal.&nbsp...